I think we finished a large ABCDE Triangle at ~0.8660
This move higher therefore should be wave 1 of an impulsive wave.
We are nearing it's termination point as we can count 4 waves already and making wave ((v)) as an ending diagonal it seems.
This means, once this larger wave 1 ends, we will see price pullback in a 3waves move lower for wave 2, ideally to the 0.618 Retracement level before going up higher for wave 3.
*** This is a Short opportunity if you like because of the clear Invalidation level;
Trade Setup :
* Entry : Pending around ~ 0.8935 to 0.8950
* Stop : 0.8962
* Target 1: 0.8825
R/R : 4.7 !!!
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